AltMountain

Prophet EBO Partners LP

Austin, TX · CIK 1806846 · Sponsor: Prophet Asset Management LLC
Status: no Form D since Mar 2020. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Prophet EBO Partners LP is a private investment fund based in Austin, Texas. According to its most recent Form D, filed Mar 18, 2020, it has sold $215,500,000 of interests to 8 investors since its first sale in Mar 2020. The minimum investment it accepts from an outside investor is $500,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Robert Epstein; Prophet Asset Management LLC.

Total raised
$215,500,000Cumulative sales reported on Form D
Investors
8
First sale
Mar 11, 2020
Minimum investment
$500,000
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Robert Epstein; Prophet Asset Management LLC
Latest Form D
Mar 18, 2020

From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about Prophet EBO Partners LP

What is the minimum investment for Prophet EBO Partners LP?

According to its latest Form D, filed Mar 18, 2020, the minimum investment Prophet EBO Partners LP accepts from an outside investor is $500,000.

Who can invest in Prophet EBO Partners LP?

Prophet EBO Partners LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.

How much has Prophet EBO Partners LP raised?

Prophet EBO Partners LP reports $215,500,000 sold from 8 investors on its Form D filed Mar 18, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is Prophet EBO Partners LP based?

Prophet EBO Partners LP is based in Austin, Texas.

When did Prophet EBO Partners LP launch?

Prophet EBO Partners LP reports its first sale in Mar 2020.

Size compared with every private investment fund

Raised more than 87% of the 879 private investment funds based in Texas, and more than 80% of all 10,270 that report sales.

Other programs from Prophet Asset Management LLC

All 5 funds from this sponsor

More private investment funds in Austin

Similar-size private investment funds in Texas

All private investment funds in Texas